Only A Third Of Renoites Can Afford To Buy A Home

Reno’s affordable housing challenges coincide with a national trend, and the city must develop a strategy on how to tackle the issue. That was the message presented to Reno City Council at a recent affordable housing workshop. Our reporter Bob Conrad was there and has the story.

A study of housing in Truckee and north Tahoe released this week reveals some troubling realities about the region.

The results of the Truckee-North Tahoe regional housing study, commissioned by the Truckee-Tahoe Community Foundation, are unsurprising to locals: A third of Tahoe residents spend more than half their income on housing, and close to 65 percent of houses in the region are vacation homes.